Sources: Indonesia's Gojek is in advanced talks for a merger with local e-commerce giant PT Tokopedia; the combined entity would be valued over $18B
- The deal would combine Indonesia's two most valuable startups — Discussions with Grab hit impasse over question of control
Bloomberg Yoolim Lee
Related Coverage
- The Briefing: Gojek, Tokopedia Eye $18B Merger, Haven Shuts Down, And More Crunchbase News
- Indonesia's Gojek, Tokopedia in advanced $18 billion merger talks -sources Reuters · Anshuman Daga
- Gojek in talks with Tokopedia for US$18 billion merger, sources say South China Morning Post
- Gojek, Tokopedia in advanced talks for merger, report says Tech in Asia · Deepti Sri
- Indonesia's Gojek Mulls $18 Billion Merger With Tokopedia PYMNTS.com
- KEY STAT | Indonesia's Gojek and Tokopedia could create national e-commerce champion KrASIA · Julianna Wu
- Gojek and Tokopedia in advanced talks to form $18bn tech group Financial Times · Mercedes Ruehl
- Indonesia's Gojek in merger talks with Tokopedia to battle Sea Nikkei Asia
Discussion
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@alexcutler247
Alex Cutler
on x
$BTWN @business published a more detailed story: The companies are contemplating several options for a public offering. They could choose a traditional IPO or work with a blank-check company listing, one of the people said. Again, don't write this off.. https://www.bloomberg.com/…
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@clairejiao
Claire Jiao
on x
A combined Gojek and Tokopedia would dominate Indonesia, one of the world's fastest-growing internet economies. A planned U.S. listing would give investors an alternative to Sea, the only major Southeast Asian internet co. listed in the U.S. @yoolimleenews https://www.bloomberg.c…
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@post_market
Post M.
on x
Gojek Is Said in Talks With Tokopedia for $18B Merger “A local mashup of Uber, PayPal, Amazon, and DoorDash Inc. It plans to go public in the U.S. and Indonesia.” Who makes this stuff up? I am a local mashup of Soros, Druckenmiller, Buffett, Bezos and Fitzpatrick.
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@mikejcasey
@mikejcasey
on x
It's encouraging that such value can be created in what is still a pretty poor (if, huge) emerging market. It's just a pity that it requires forming a Google-Amazon-Facebook-Alibaba- Tencent style centralized Internet behemoth that will mediate 270 million lives. https://twitter.…
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@davidinglestv
David Ingles
on x
Potentially a merger of giants in Indonesia. What would a Gojek-Tokopedia marriage mean for consumers? https://www.bloomberg.com/...